Southside bancshares, inc. (SBSI)
Balance Sheet / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
ASSETS
Cash and due from banks

71

66

92

77

81

87

85

78

65

79

57

56

54

59

54

45

52

54

52

50

55

64

49

53

52

45

51

45

42

47

44

46

42

40

42

46

56

Interest earning deposits

40

43

22

54

184

23

70

138

183

111

120

175

185

102

144

18

16

26

19

26

52

20

19

100

5

8

7

4

12

103

87

59

3

2

4

2

22

Federal funds sold

-

-

0

0

3

9

18

14

14

7

5

4

7

8

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total cash and cash equivalents

112

110

114

132

269

120

174

232

262

198

184

235

246

169

199

64

68

80

71

77

107

84

69

154

57

54

59

49

55

150

131

106

46

43

47

48

79

Debt Securities, Available-for-sale

2,813

2,358

2,240

2,088

1,876

1,989

1,939

2,037

2,062

1,538

1,292

1,397

1,444

1,479

1,622

1,416

1,332

1,460

-

-

-

-

-

-

-

-

-

-

685

-

558

418

291

282

304

302

299

Debt Securities, Held-to-Maturity, Net of Allowance for Credit Losses

134

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Debt Securities, Held-to-maturity

134

134

140

147

147

162

163

164

164

909

909

925

929

937

775

784

784

784

386

387

388

388

389

390

390

391

392

302

1

1

1

1

1

1

1

1

1

Available for sale, at estimated fair value

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

301

371

293

306

321

351

259

337

363

488

-

617

-

-

1,133

-

-

-

-

Available for sale, at estimated fair value

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,073

1,094

1,140

1,142

674

751

915

840

861

821

905

806

865

1,204

-

716

1,263

1,136

886

Held to maturity, at carrying value (estimated fair value of $402,569 and $261,339, respectively)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

385

356

249

253

256

260

265

275

293

240

234

245

293

330

349

365

389

395

405

Securities carried at fair value through income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

647

-

-

72

Federal Home Loan Bank stock, at cost

54

50

45

44

35

32

32

42

42

55

61

61

61

61

51

47

47

51

43

37

39

39

24

25

27

34

32

27

25

27

33

34

32

33

29

25

34

Equity Securities, FV-NI and without Readily Determinable Fair Value

12

12

12

12

12

12

12

12

12

5

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other investments

-

-

-

-

-

-

-

-

-

-

5

5

5

5

5

5

5

5

5

5

5

3

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

Loans held for sale

1

0

1

1

0

0

0

4

2

2

2

3

5

7

5

5

4

3

4

7

4

2

75

0

0

0

0

0

3

3

1

1

1

3

5

2

6

Loans:
Loans

3,601

3,568

3,499

3,460

3,305

3,312

3,274

3,270

3,309

3,294

2,682

2,610

2,538

2,556

2,483

2,384

2,443

2,431

2,239

2,179

2,174

2,181

1,398

1,391

1,370

1,351

1,317

1,293

1,281

1,262

1,221

1,183

1,140

1,087

1,040

1,038

1,077

Less: Allowance for loan losses

53

24

25

24

24

27

26

25

24

20

19

19

18

17

15

14

21

19

18

16

16

13

13

18

18

18

19

18

18

20

20

20

20

18

18

19

20

Net Loans

3,547

3,543

3,474

3,435

3,280

3,285

3,248

3,245

3,285

3,273

2,662

2,590

2,520

2,538

2,467

2,369

2,421

2,412

2,220

2,163

2,157

2,167

1,385

1,372

1,351

1,332

1,298

1,275

1,263

1,242

1,200

1,163

1,120

1,068

1,022

1,019

1,057

Premises and equipment, net

146

143

141

140

138

135

133

132

131

133

107

105

105

106

106

107

107

107

109

110

111

112

53

53

52

52

51

50

49

50

49

50

50

50

50

50

50

Operating lease right-of-use assets

9

9

10

9

9

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill

201

201

201

201

201

201

201

201

201

201

91

91

91

91

91

91

91

91

91

90

90

91

22

22

22

22

22

22

22

22

22

22

22

22

22

22

22

Other intangible assets, net

12

13

14

15

16

17

19

20

21

22

3

3

4

4

5

5

6

6

7

7

8

8

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Interest receivable

27

28

22

25

20

27

22

27

20

28

18

23

18

25

17

22

16

22

17

22

16

22

14

20

15

21

16

20

13

18

14

17

13

19

15

19

18

Deferred tax asset, net

-

-

0

0

0

9

16

15

16

12

21

22

26

28

9

6

12

19

14

18

10

12

12

12

15

18

23

21

6

4

-

3

2

0

0

0

6

Unsettled trades to sell securities

67

0

-

-

95

-

14

-

35

-

11

0

57

-

0

0

15

9

0

0

1

57

5

19

0

3

-

-

1

0

0

1

-104

-

-

-

-

Unsettled issuances of brokered certificates of deposit

0

20

0

0

0

15

10

-

-

0

-

0

31

-

-

-

-

-

-

-

-

-

-

-

-

-

-

11

-

-

-

-

-

-

-

-

-

Bank owned life insurance

101

100

99

99

98

98

97

97

100

100

99

99

98

97

97

96

95

95

94

93

93

92

-

-

-

46

-

-

-

-

-

-

-

-

-

-

-

Other assets

32

21

23

19

14

14

19

16

12

15

11

12

9

10

10

11

9

10

10

11

13

19

61

60

58

13

51

51

43

44

45

44

44

45

56

87

57

Total assets

7,273

6,748

6,542

6,372

6,217

6,123

6,105

6,250

6,373

6,498

5,484

5,578

5,656

5,563

5,464

5,035

5,019

5,161

4,837

4,856

4,732

4,807

3,368

3,498

3,434

3,445

3,469

3,385

3,312

3,237

3,221

3,400

3,217

3,303

3,210

3,115

2,999

Liabilities and Equity [Abstract]
Deposits:
Noninterest bearing

1,065

1,040

1,038

1,028

1,038

994

1,033

1,038

1,055

1,037

781

757

753

704

747

679

698

672

681

715

680

661

585

711

554

529

557

663

546

595

567

641

558

505

477

515

423

Interest bearing

3,673

3,662

3,452

3,450

3,529

3,430

3,519

3,469

3,586

3,478

2,782

2,866

2,952

2,829

2,834

2,890

2,920

2,782

2,646

2,752

2,815

2,713

1,858

1,890

1,992

1,997

1,850

1,835

1,791

1,756

1,734

1,754

1,752

1,816

1,816

1,723

1,711

Total deposits

4,739

4,702

4,490

4,479

4,567

4,425

4,553

4,508

4,641

4,515

3,564

3,624

3,705

3,533

3,581

3,570

3,619

3,455

3,327

3,468

3,495

3,374

2,443

2,601

2,546

2,527

2,408

2,499

2,337

2,351

2,301

2,395

2,310

2,321

2,293

2,239

2,134

Other borrowings

217

28

9

26

8

36

8

8

7

9

9

8

7

7

11

11

2

2

2

2

2

4

2

2

1

0

0

0

0

0

1

1

1

2

2

3

3

Federal Home Loan Bank borrowings

1,274

972

978

823

619

719

561

776

772

1,017

-

-

-

1,309

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

FHLB advances

-

-

-

-

-

-

-

-

-

-

990

1,015

952

-

709

374

257

645

442

282

141

297

51

8

19

73

229

84

163

150

151

241

171

361

287

254

189

Other obligations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

0

0

0

0

2

2

2

Total short-term obligations

-

-

-

-

-

-

-

-

-

-

999

1,024

960

-

720

385

259

647

445

284

143

301

53

10

21

74

230

85

164

152

153

243

174

364

292

260

195

FHLB advances

-

-

-

-

-

-

-

-

-

-

152

162

252

-

463

498

561

502

498

572

549

600

476

505

506

499

468

441

389

369

381

366

281

260

275

277

373

Subordinated Debt

98

98

98

98

98

98

98

98

98

98

98

98

98

98

98

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Trust preferred subordinated debentures, net of unamortized debt issuance costs

60

60

60

60

60

60

60

60

60

60

60

60

60

60

60

60

60

60

60

60

60

60

60

60

60

60

60

60

60

60

60

60

60

60

60

60

60

Deferred tax liability, net

6

4

8

5

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

0

0

3

7

1

-

Total long-term obligations

-

-

-

-

-

-

-

-

-

-

310

320

411

-

621

559

622

562

558

632

609

660

536

566

566

559

528

502

450

429

442

427

341

321

335

338

433

Unsettled Trades to Purchase Securities Liability

14

17

30

38

55

6

28

2

3

0

16

24

10

-

30

11

23

19

21

3

13

6

15

10

1

0

25

27

71

10

17

42

96

1

-

-

-

Operating lease liabilities

10

10

10

10

9

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other liabilities

55

49

44

43

38

46

41

44

42

43

37

37

36

37

38

35

36

32

36

34

35

39

27

26

26

23

36

34

33

36

28

28

35

32

23

30

20

Total liabilities

6,477

5,944

5,731

5,585

5,459

5,392

5,352

5,498

5,626

5,743

4,928

5,031

5,124

5,045

4,992

4,562

4,561

4,717

4,390

4,424

4,297

4,382

3,076

3,214

3,162

3,186

3,228

3,149

3,056

2,979

2,944

3,137

2,957

3,044

2,952

2,870

2,784

Off-balance-sheet arrangements, commitments and contingencies (Note 12)

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

0

0

0

0

0

Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest [Abstract]
Common stock: ($1.25 par value, 80,000,000 shares authorized, 37,898,269 shares issued at March 31, 2020 and 37,887,662 shares issued at December 31, 2019)

47

47

47

47

47

47

47

47

47

47

40

40

39

39

36

36

34

34

34

34

33

33

26

26

26

25

25

25

25

24

24

24

24

23

23

23

22

Paid-in capital

768

766

765

764

763

762

761

759

758

757

563

561

536

535

459

458

424

424

423

422

390

389

244

240

239

214

213

212

212

195

194

193

193

176

176

178

162

Retained earnings

65

80

74

65

57

64

58

48

39

32

25

19

37

30

26

19

49

41

37

31

59

55

65

63

56

78

72

66

59

70

71

66

62

72

70

61

64

Treasury stock: (shares at cost, 4,886,700 at March 31, 2020 and 4,064,405 at December 31, 2019)

119

94

93

93

94

93

45

46

46

47

47

47

47

47

47

47

47

37

37

37

37

37

37

37

37

37

37

37

37

35

28

28

28

28

28

28

28

Accumulated other comprehensive income

33

4

16

4

-15

-50

-68

-57

-51

-36

-26

-26

-34

-38

-2

5

-3

-18

-10

-19

-10

-15

-7

-8

-14

-21

-32

-30

-3

2

14

6

8

14

17

7

-6

Stockholders' Equity Attributable to Parent

795

804

810

787

758

731

752

751

746

754

556

547

531

518

472

472

457

444

447

431

434

425

291

283

271

259

240

236

255

257

276

263

259

258

258

242

214

Noncontrolling interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

1

1

TOTAL EQUITY

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

258

244

215

Total liabilities and shareholders’ equity

7,273

6,748

6,542

6,372

6,217

6,123

6,105

6,250

6,373

6,498

5,484

5,578

5,656

5,563

5,464

5,035

5,019

5,161

4,837

4,856

4,732

4,807

3,368

3,498

3,434

3,445

3,469

3,385

3,312

3,237

3,221

3,400

3,217

3,303

3,210

3,115

2,999